Bank First Corporation has announced that it has received approval from the shareholders of Hometown Bancorp, Ltd., the parent company of Hometown Bank, to complete its merger of the two organizations.
97.31% of the total number of shares voted were cast in favor of the transaction.
Tim McFarlane, President and Chief Executive Officer at Hometown Bank, will assume the role of President and will join the Board of Directors of Bank First, N.A. upon completion of the merger.
He will also be nominated to the Bank First Corporation Board of Directors. Mike Molepske will continue to serve as Chief Executive Officer and Chairman of the Boards of Directors of Bank First Corporation and Bank First.
The merger is scheduled for Friday, February 10th, and the systems conversion will occur over that weekend.
The Hometown locations in Cambridge, Fond du Lac, Pardeeville, Poynette, and Wautoma will open as Bank First branches on Monday, February 13th.
